$SOL The upward momentum continues - major resistance ahead!
Price: $197.68 (+9.11%)
SOL shows impressive upward momentum after breaking the previous level. The price is currently consolidating near the major resistance, and the next move could see a strong push or a potential pullback.
Key levels to watch
• Resistance: $198.00 - a breakout above this level could push SOL toward $200.00 and $204.00.
• Support: $197.00 - if this level holds, it may sustain the bullish sentiment. A break below this level could target $190.00 and $185.00.
Trade setup
• Bullish entry: confirmed move above $198.00:
• Target 1: $200.00
• Target 2: $204.00
• Bearish entry: break below $197.00 could target:
• Target 1: $190.00
• Target 2: $185.00
Watch price action closely, and consider adjusting stop-loss orders to reduce risk.